Our organisation is looking for a Reward, Compensations & Benefits Specialist to develop and implement innovative and effective global Compensation and Benefits strategies that align with Smollan's business objectives, global standards, and drives business results.
As a Reward, Compensation & Benefits Specialist you will be responsible for:
Compensation, Reward And Benefits Management
- Develop and implement global compensation and benefits strategies aligned to business objectives and Smollans culture and values
- Partner with stakeholders to design, develop, and implement a performance-based compensation structure
- Develop and manage global compensation and benefits programs, including base pay, incentives, equity, and benefits
- Develop and review existing costing/structuring remuneration models to ensure that these are appropriate and aligned to the requirements of the business on a global level
- Research and analyse salary build-ups through market analysis guided by best practice
- Review extension of offers of employment and related clarification for all E-band and above, and expat related appointments and matters
- Identify opportunities to optimise compensation and benefits spending
- Review and ensure best prices while maintaining quality and compliance
- Streamline processes to reduce administrative costs and increase efficiency
- Ensure compliance to legal and regulatory requirements related to compensation and benefits
- Carry out tax calculations for employees relative to their salary and relevant tax laws
- Oversee and manage tax reporting
- Develop and implement internal controls policies related to compensation and benefits
- Identify control weaknesses related to compensation and benefits programs and take steps to address them
- Carry out internal audits to ensure compliance with policies
To qualify for this role, you should have
- Bachelor's degree/NQF Level 7 in, Human Resources, Finance, or related field. Post-graduate degree preferred
- 6-8 years experience working with Compensation and Benefits, with at least 3 years at a senior management level at a global or multi-national organisation.
- Experience in designing and implementing compensation and benefits programs required
- Knowledge of compensation and benefits practice and trends
- Knowledge of legal and regulatory requirements related to compensation and benefits in different regions
- Knowledge of market research methodologies
- Competitive benefits package
- A dynamic culture
- Hybrid work environment
